ARTICLE 4. Facilities of Uninsured Foreign (Other State) Banks
Article 4 added by Stats. 2011, Ch. 243, Sec. 3.
§§ 1710–1721 · 12 sections
- § 1710 In this article, unless the context otherwise requires: (a) “Controlling person,” when used with respect to an uninsured foreign (other state) bank, means any…
- § 1711 (a) In this section, “act” includes (without limitation) omission. (b) For purposes of making findings on an application by an uninsured foreign (other state)…
- § 1712 (a) No uninsured foreign (other state) bank may establish or maintain an office in this state at which it engages in noncore banking business unless the…
- § 1713 (a) No uninsured foreign (other state) bank may establish or maintain a facility unless the commissioner has first approved the establishment of the office and…
- § 1714 (a) No uninsured foreign (other state) bank that is licensed to maintain a facility may relocate the office unless the commissioner has first approved the…
- § 1715 An uninsured foreign (other state) bank that is licensed to maintain a facility may, subject to any regulations that the commissioner may prescribe, engage in…
- § 1716 (a) (1) No uninsured foreign (other state) bank that is licensed to maintain a facility may close the office unless the commissioner has first approved the…
- § 1717 (a) Any uninsured foreign (other state) bank that holds a license to maintain a facility may voluntarily surrender the license by filing the license and a…
- § 1718 (a) (1) No uninsured foreign (other state) bank may be issued a license to maintain a facility unless it has first filed with the commissioner, in the form…
- § 1719 Each uninsured foreign (other state) bank that is licensed to maintain a facility shall assign to the office a popular name that includes the term “facility”…
- § 1720 Each uninsured foreign (other state) bank that is licensed to maintain a facility shall post its license in a conspicuous place at the office.
- § 1721 No license is transferable or assignable.